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Showing 31 - 40 of 111 results for "Financial stress"

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Australian workers' financial stress has risen sharply, costing the economy $67 billion in lost productivity annually. According to AMP's 2022 Financial Wellness report, stress is higher than ever, almost doubling over the past two years. "The ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... Financial Contingency Planning (CPS 190) would ensure all APRA-regulated entities have plans for responding to severe financial stress. It said these plans would set out actions that an entity would take to restore financial resilience or exit the industry ...

Financial abuse linked to violence: CBA, UNSW

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... shared wealth and resources can move beyond positive sharing and support to increase a victim-survivor's financial stress," Breckenridge stated. Congruently, research called for financial services to invest in culturally appropriate financial literacy ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... big businesses are actively making choices which harm the economy and are putting millions of households under financial stress in order to increase their margins and secure record chief executive bonuses." "It also reiterates that wage growth, which ...

Young Australians more 'super savvy': Equip

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... difficult for young Australians so it's not surprising there's a trend towards taking measures to reduce ongoing financial stress in later life," Cameron stated. "Prioritising voluntary contributions from a young age is one way people can set themselves ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... election. The report examines three options for helping families and individuals at risk of deep poverty and financial stress. The lowest cost measure for the government increases JobSeeker by $150 per fortnight. The 'medium' option increases JobSeeker ...

Women's life choices constrained by money stress: Fidelity

ELIZABETH MCARTHUR  |  THURSDAY, 3 MAR 2022
... both mental and physical health, today." The research found that more than half of pre-retiree women say that financial stress has, or is, impacting on their health. "While two in three pre-retiree women want to work with a financial adviser, only one ...

Winner of Gwen Fletcher Memorial Award 2022 announced

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 MAR 2022
... opens up a range of career opportunities including a possible return to providing client advice and removing financial stress from peoples' lives, which was a key motivation to become a financial planner," she said. "Having lived in multiple countries ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... five-month consultation. CPS 190 would ensure all APRA-regulated entities have plans in place for responding to severe financial stress, including actions they would take to restore financial resilience or exit the industry safely and without stakeholder ...

FPA reveals 2021 award finalists

KARREN VERGARA  |  WEDNESDAY, 13 OCT 2021
... local community. "It's great to see financial planners guiding thousands of everyday Australians through the financial stress created by the pandemic and an increased engagement between Australians and their financial planner in the last 12 months to ...